Valued at a market cap of $41.2 billion, Public Service Enterprise Group Incorporated (PEG) is a New Jersey-based electric and gas utility holding company that primarily operates through its regulated subsidiary, PSE&G. The company generates most of its earnings from state-regulated electricity and gas distribution, providing stable and predictable cash flows, while also operating a portfolio of power generation assets, including nuclear plants.
The company is expected to announce its Q1 earnings for FY2026 in the near future. Before this event, analysts expect this utility company to report a profit of $1.49 per share, up 4.2% from $1.43 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in three of the last four quarters, while missing on another occasion.
